Dynamics F/SCM Customer Experience (CRM) Dynamics GP Dynamics Business Central (NAV) Dynamics SL Power Platform Fabric Copilot

[Pam Bird]

We are on NAV 2015 and have been using NAV for over 5 years and I don’t think I will ever understand exactly how costing works, no matter how many of Tom Blaisdell’s classes I attend at Summit.  What is the reason for the rounding entries that post and why would they post on 1/1/17 based on my physical inventory entry that posted on 12/31/16.  We use standard cost and we update our costs quarterly, which means a cost update was also done on 12/31/16.

——————————
Pam Bird
System Administrator
Clean Control
Warner Robins GA
——————————

[Bob Bergman]

Hi,

The scenario is this:

• You receive a purchase order
• It takes many ‘negative entries’ (i.e consumption) to reduce the inventory to zero for that receipt.
• When the inventory hits zero, the system looks at the cost of the receipt and the sum of the costs of  the negative entries.  If there is a difference it puts in a rounding entry to make the positive cost and the negative equal.
• The reason why it posts on 1/1/17 is because of the ‘Allow Posting Dates’ that you have setup when ‘Adjust Cost’ runs.

Bob

——————————
Bob Bergman
President
REB Dynamics Consulting
Port Charlotte FL
——————————
——————————————-